Higher revenues support Raymond James' (RJF) Q4 results. However, higher expenses are a headwind.
Interactive Brokers' (IBKR) Q3 earnings reflect improved segment performance and a rise in revenues.
Interactive Brokers (IBKR) is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
Rise in DARTs for Interactive Brokers (IBKR) in September reflects continued increase in client activity.
Morgan Stanley's (MS) Investment Management unit increases exposure to the real estate credit platform through the acquisition of Mesa West.
Morgan Stanley has been ordered by FINRA to pay $13 million in fines and restitution to clients for improper supervision of UIT sales.
LPL Financial (LPLA) reprices its existing senior secured credit facilities. The company will record an expense of $10 million with respect to debt issuance.
Goldman Sachs (GS) faces revenue growth challenges. Also, the pending legal matters might keep expenses elevated.
LPL Financial (LPLA) recorded an increase in monthly activity for August, reflecting continued improvement in its top line in the quarters ahead.
Fundamental strengths and growth prospects make Evercore (EVR) stock a solid investment option now.
E*TRADE Financial Corporation (ETFC) reports a 1% decline in Daily Average Revenue Trades (DARTs) for August 2017 compared with the prior month. Notably, derivatives comprised 31% of DARTs during August.
Schwab's (SCHW) monthly activity report for August reflects an increase in client assets on a year-over-year basis.
TD Ameritrade (AMTD) reported an improvement in its operating metrics for August, reflecting higher income.
Raymond James (RJF) Q3 earnings reflect higher revenues and impressive asset under management growth.
E*TRADE Financial Corporation (ETFC) witnessed higher revenues along with improved credit quality in second-quarter 2017. However, these positives were partly offset by higher expenses.
Interactive Brokers (IBKR) reported second-quarter 2017 adjusted earnings lagged the Zacks Consensus Estimate by a penny owing to higher expenses.
Investment management (part of the broader Finance sector) performed decently over the last several quarters. Muted volatility in the second quarter led to low capital markets business.
Interactive Brokers (IBKR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Finance companies are known to be mostly stable investments, with little expectations of big earnings surprise and growth. Nevertheless, the Zacks Earnings ESP filter allows us to search for finance firms that are projected to beat their earnings projections.
Interactive Brokers' (IBKR) Electronic Brokerage segment reported a year-over-year increase in DARTs for Jun 2017.